KWEICHOW MOUTAI(SH:600519) Xin Lang Cai Jing·2026-01-19 01:33Core Insights - The Chinese baijiu market has experienced a general decline in retail prices for its top ten products, with an overall average price drop of 35 yuan, bringing the total price to 8,871 yuan as of January 19 [1] - The market shows a pattern of price pressure, marking the third time in two months that prices have hit a low point, with eight products declining and only two increasing in price [1] Price Trends - The top ten core products exhibited a trend of eight price declines and two increases, with Qinghua Lang leading the decline at 20 yuan, followed by Guojiao 1573 at 12 yuan, and Yanghe Dream Blue M6+ at 5 yuan [1] - The only products that saw price increases were Boutique Moutai, which rose by 16 yuan, and Wuliangye Pu 58, which increased by 1 yuan, indicating some resilience in high-end product pricing amidst industry destocking pressures [1] Data Collection Methodology - The price data is sourced from approximately 200 collection points across various regions, including designated distributors, social distributors, e-commerce platforms, and retail outlets, ensuring a comprehensive and objective representation of the baijiu market [2] - The data reflects real transaction prices from the past 24 hours, aiming to provide accurate insights into the market dynamics [2] Company Announcements - Kweichow Moutai Co., Ltd. issued a statement warning against fraudulent recruitment information circulating online, emphasizing that they have not authorized any third parties to distribute such information and urging consumers to recognize official channels [3] - The company is actively cooperating with authorities to investigate these fraudulent activities and will pursue legal action against responsible parties to protect market order and consumer rights [3]